Asheville NC Multi-Family Homes

Scroll down to find the latest multi-family homes for sale in Asheville, NC. You may also be interested in browsing Western NC multi family homes for sale.

Asheville Multi Family Homes for Sale

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692 Upper Grassy Branch Extension Asheville NC 28805

MLS Number CAR3699373

  • MultiFamily
  • MLS Status Active
  • Bedrooms 4
  • Square Feet 1500
  • Year Built 1979

Attention investors! If you have been searching for a duplex convenient to Asheville, take a look at this amazing opportunity before it's gone. Located off Riceville Rd, near the VA Center in East Asheville, this duplex is ready for new owners to renovate and make new again. This property features a flat yard with access off a publicly maintained road, city water, city sewer, and no HOA. Each side of the duplex includes 2 bedrooms, 1 bathroom and approximately 750 square feet, totaling 4 bedrooms, 2 bathrooms and approximately 1500 square feet in all. Call listing agent today to get more details!

Listed by Randall Blankenship of Coldwell Banker King

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$/month over payments
Federal 30-year interest rate: 2.79% last updated on Jan 14, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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205 Hillside Street Asheville NC 28801

Asheville, NC205 Hillside Street

Price$750,000

Est. Mortgage: $/month

MLS Number CAR3698550

  • MultiFamily
  • MLS Status Active
  • Bedrooms 6
  • Square Feet 4648
  • Year Built 1916

Well located, historic apartment offering in north Asheville. This 6 unit building, originally built in 1916 and recently renovated in 2020 is located directly across from Jones Elementary School. Located in north Asheville just one property off Merrimon Ave.

Listed by Austin Walker of Whitney Commercial Real Estate

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$/month over payments
Federal 30-year interest rate: 2.79% last updated on Jan 14, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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253 Riverview Drive Asheville NC 28806

Asheville, NC253 Riverview Drive

Price$849,000

Est. Mortgage: $/month

Active With Contract

MLS Number CAR3694119

  • MultiFamily
  • Bedrooms 7
  • Square Feet 4748
  • Year Built 1928
  • Acreage 0.38

Exciting Investment Opportunity in Walkable West Asheville! Profitable 6-plex with additional flat land zoned RM-16 to expand your portfolio or subdivide and sell the lots for a quick return. The 3 units in the main house, one unit per floor, feature newer windows, while the main & upper units have high ceilings, functioning gas fireplaces, and hardwood floors. The main level unit also has its own laundry and there is a community laundry area in the basement. The other three units are in the three story cottage in the back also have newer windows and are easily accessible from the parking area off Crestmont. The 6-plex is ideally located one block from Beachums Curve on Haywood Road and easily walkable to the River Arts District, greenway system, and New Belgium Brewery. This combination of location, buildable land, and a solid 6 unit income producing property will maximize any investors real estate ambitions.

Listed by Jessi Leonetti and Luiz Leonetti of Town and Mountain Realty

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$/month over payments
Federal 30-year interest rate: 2.79% last updated on Jan 14, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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1771 Old Haywood Road Asheville NC 28806

Asheville, NC1771 Old Haywood Road

Price$450,000

Est. Mortgage: $/month

Pending

MLS Number CAR3695942

  • MultiFamily
  • MLS Status Pending
  • Bedrooms 4
  • Square Feet 2123
  • Year Built 1947

INVESTORS & DEVELOPERS TAKE NOTE! Fantastic opportunity near West Asheville: 2 existing homes with plenty of additional space for single-family or multi-family development. Over an acre of flat, easily-buildable land with its own waterfall & creek. Plenty of road frontage with easy access to water & sewer. Property is adjacent to Asheville city limits with Buncombe County zoning. Existing home is solid brick construction and features hardwood floors, enclosed front porch, a full walkout basement, and tons of deck space overlooking the property. Lower level currently listed as unfinished space but was previously connected to HVAC and could easily be converted back into additional living area. 2nd home on the property used as a rental and currently brings in $700/month. Property could also make a fantastic family compound close to town! The possibilities are endless. *Listing agent must accompany all showings, and rental unit may only be accessed on 2nd showings for truly serious buyers.

Listed by Alan Wray of Heartwood Realty LLC

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$/month over payments
Federal 30-year interest rate: 2.79% last updated on Jan 14, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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14 Quigley Drive Asheville NC 28806

Asheville, NC14 Quigley Drive

Price$749,000

Est. Mortgage: $/month

MLS Number CAR3680138

  • MultiFamily
  • MLS Status Active
  • Square Feet 7100
  • Year Built 1995
  • Acreage 1.75

Very quiet Park. Convenient West Asheville location. Has City water and City sewer. Recently added new units. Large increase in NOI. 12 Park Owned Units - 2 Lot Rents.

Listed by George Lycan of Keller Williams Professionals

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%
$/month over payments
Federal 30-year interest rate: 2.79% last updated on Jan 14, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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25 Ridgelawn Road Asheville NC 28806

Asheville, NC25 Ridgelawn Road

Price$370,000

Est. Mortgage: $/month

Active With Contract

MLS Number CAR3694074

  • MultiFamily
  • Bedrooms 3
  • Square Feet 1753
  • Year Built 1974
  • Acreage 0.09

Superb location close to greenways, shops, dining and downtown (Near Beachams's Curve). Currently managed as an investment property that can easily convert into a single family residence in walkable West Asheville. 3 bedroom / 1 bath upstairs- leased through June, and spacious, sunny 700-sq ft studio downstairs with private full bath and separate laundry room- leased through August. Cap rate calculation available. Please allow minimum 24-48 hour notice to show/view. Easily convert to single family dwelling, retain as low maintenance rental property, or live in one unit and rent the other. Many new systems: New AC and flooring upstairs, mini-split and appliances downstairs. New roof in 2018. All renovations legally permitted. Other features include natural gas heat upstairs, a large back patio, and off street parking. Near Haywood Road, restaurants, downtown and river greenways makes this home a must see! Currently separate electric, but shared water service between the two units.

Listed by Mark Lavin of Carolina Mountain Sales

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$/month over payments
Federal 30-year interest rate: 2.79% last updated on Jan 14, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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239 Cedar Hill Road Asheville NC 28806

Asheville, NC239 Cedar Hill Road

Price$750,000

Est. Mortgage: $/month

MLS Number CAR3692433

  • MultiFamily
  • MLS Status Active
  • Square Feet 10415
  • Year Built 1964
  • Acreage 1.5

Located in Buncombe County but minutes to West AVL, this multi-family property situated on 1.5 acres offers promising investment potential in the affordable rental market. The property consists of two parcels with brick home, two multi-unit buildings, duplex cottage and a manufactured home. Nine current units have a historically strong occupancy rate. Unrenovated 2,500 SF, two-level brick home has many possibilities. Several partially renovated apartments in other buildings have potential to generate more income. Private road (Swager Drive) off Cedar Hill Road affords easy access to units within the complex. Convenient location only 15 minutes to downtown AVL and ten minutes to the heart of WAVL. Several units offer mountain as well as downtown views. We welcome buyers to review detailed listing materials outlining property specifications. Drone video available at the following link: https://youtu.be/L6KvlS8nOb4. Also listed as COMMERCIAL property under MLS 3691578.

Listed by Rob Montague and Christian Witt of Asheville Realty Group

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%
$/month over payments
Federal 30-year interest rate: 2.79% last updated on Jan 14, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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112 Broad Street Asheville NC 28801

Asheville, NC112 Broad Street

Price$499,000

Est. Mortgage: $/month

Active With Contract

MLS Number CAR3690583

  • MultiFamily
  • Bedrooms 8
  • Square Feet 2600
  • Year Built 1953
  • Acreage 0.15

Fourplex built as a fourplex, so has equal floor plan rather than a "cut-up old house". Four 2 BR apartments, each paying all their own utilities - even water (a rare find in AVL). New roof and paint in 2020. 2 recent water heaters and one new stackable washer/dryer in one unit. Each unit has individual Empire natural gas heaters. Front and back covered porches and original knotty pine paneling. Ideal location, just North of downtown Asheville in between Merrimon and Charlotte Street corridors. 4 stoves and 4 refrigerators, 1 stackable washer/dryer included. R-30 insulation. Fully leased, below market rents on month-to-month agreements. Owner pays $12/month for street light for off street parking area. CALL LISTING AGENT TO SHOW.

Listed by Ben Mansell of Town and Mountain Realty

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%
$/month over payments
Federal 30-year interest rate: 2.79% last updated on Jan 14, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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69 Old Haw Creek Road Asheville NC 28805

Asheville, NC69 Old Haw Creek Road

Price$700,000

Est. Mortgage: $/month

MLS Number CAR3689416

  • MultiFamily
  • MLS Status Active
  • Square Feet 1296
  • Year Built 1972
  • Acreage 0.64

Investor Opportunity to build a multifamily project. City planners have tentatively approved entire property for 16 units. Current seller has documentation. Also possible to utilize the rear 2 lots to be divided into 3 building slots. Depending on whether current house is removed, would allow for 8 building lots. Other possibilities: Utilize the current home as a stand alone, which is currently being rented. Utilize rear portion of property as personal garage/workshop projects. Due Diligence already completed with Civil Engineering Co. & City Zoning & Planning. The home has city water/sewer. Water and sewer allocation secured for up to 22 units. Contact us for additional information. Sale to include 3 PINs: 9658375224, 965875184, 9658376148. SELLER IS A LICENSED REAL ESTATE AGENT.

Listed by Bob Bryenton and Steve Bourke of Keller Williams Professionals

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$
%
$/month over payments
Federal 30-year interest rate: 2.79% last updated on Jan 14, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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174 Dorchester Avenue Asheville NC 28806

MLS Number CAR3690061

  • MultiFamily
  • MLS Status Active
  • Bedrooms 5
  • Square Feet 1903
  • Year Built 1921

Cheerful and versatile two unit, five bedroom bungalow in walkable West Asheville perfect for home owner or investor. Make this one your expanded home with rental options or purchase as a duplex. Lower Unit B has been a permitted AirBnb, but set up for long term rental. 7 minute walk to either Haywood Rd by Sunny Pointe Cafe or to Patton Avenue amenities. New wiring, heating/cooling, fireplace flue, appliances and paint. Updates to flooring, bathrooms and lighting throughout. Lounge on the shaded and covered front porch or sunny back deck. Both front and back yards are open and fenced for kids, critters and private gardening. Lower unit with Airbnb can be access both internally and externally and can come fully furnished. There are so many options here. Come and make it what you need for you!

Listed by Troy Winterrowd and Kelly Erin-Spinney of Keller Williams Professionals

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$
%
$/month over payments
Federal 30-year interest rate: 2.79% last updated on Jan 14, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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4 Farrwood Avenue Asheville NC 28804

Asheville, NC4 Farrwood Avenue

Price$474,000

Est. Mortgage: $/month

MLS Number CAR3689849

  • MultiFamily
  • MLS Status Active
  • Bedrooms 4
  • Square Feet 2514
  • Year Built 1948

4-plex opportunity in Grove Park with strong, long-term tenant history. Walking distance to the Grove Park Inn and shopping, restaurants, and bus line on Merrimon Ave. Come see this excellent opportunity! Square footage taken from tax records.

Listed by Monica Koerschner of Asheville Craft Realty LLC

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%
$/month over payments
Federal 30-year interest rate: 2.79% last updated on Jan 14, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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36 Bearden Avenue Asheville NC 28801

Asheville, NC36 Bearden Avenue

Price$524,000

Est. Mortgage: $/month

MLS Number CAR3689648

  • MultiFamily
  • MLS Status Active
  • Bedrooms 3
  • Square Feet 1810
  • Year Built 1904

Remarkable opportunity in Montford. This 4-plex located on historic Bearden Avenue has a strong rental history and is located on one of the closest residential streets to Downtown Asheville. Features include a lovely covered front porch, large garden area, ample parking. Excellent for long term investment or single family conversion.

Listed by Monica Koerschner of Asheville Craft Realty LLC

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$
%
$/month over payments
Federal 30-year interest rate: 2.79% last updated on Jan 14, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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17 Old Chunns Cove Road Asheville NC 28805
Active With Contract

MLS Number CAR3687398

  • MultiFamily
  • Bedrooms 3
  • Square Feet 2818
  • Year Built 1984
  • Acreage 0.42

This is a great find in Asheville!! If you are looking for an investment property, this is absolutely a must see. You have three great units with income potential. Each unit has two private decks, 1 bedroom, and 1 bathroom. The kitchen has a dining area with cabinets and appliances. There are three total units. One has been rented with a steady tenant for 9 years! The second has a tenant as well and the third has a waiting list for tenants! You get all of this and it's in a prime location close to downtown and local amenities! This is a must see that you don't want to miss!

Listed by David Rathy of Keller Williams Elite Realty

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$
%
$/month over payments
Federal 30-year interest rate: 2.79% last updated on Jan 14, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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7 Ottari Road Asheville NC 28804

Asheville, NC7 Ottari Road

Price$559,000

Est. Mortgage: $/month

Pending

MLS Number CAR3686285

  • MultiFamily
  • MLS Status Pending
  • Bedrooms 6
  • Square Feet 2710
  • Year Built 1950

North Asheville - 4-plex offers many updates and has been well maintained. Ideally located with a short walk to shopping and restaurants. Excellent rental history. Each apartment is separately metered. Tenants pay electric and gas. Owner pays water.

Listed by James Blue of Beverly-Hanks, Merrimon

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$
%
$/month over payments
Federal 30-year interest rate: 2.79% last updated on Jan 14, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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33 Starnes Avenue Asheville NC 28801

Asheville, NC33 Starnes Avenue

Price$1,515,000

Est. Mortgage: $/month

MLS Number CAR3686791

  • MultiFamily
  • MLS Status Active
  • Square Feet 6351
  • Year Built 1919
  • Acreage 0.37

Excellent Investment Opportunity near Downtown Asheville. Great condition 11-Unit Multi-Family complex located in in an Opportunity Zone in Montford for purchase. Proven occupancy with 100% of the units occupied for more than 10 years. Huge upside potential for new owner.

Listed by Jim Davis and Patrick Johnson of NAI Beverly-Hanks

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$
%
$/month over payments
Federal 30-year interest rate: 2.79% last updated on Jan 14, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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6 and 6B Redfern Street Asheville NC 28806
Pending

MLS Number CAR3685270

  • MultiFamily
  • MLS Status Pending
  • Bedrooms 3
  • Square Feet 987
  • Year Built 1947

Unique opportunity to own two income producing properties in desirable West Asheville on one lot. Live in the front house and rent the back unit or rent out both for easy cash flow. Homes are located on a large level lot with a front fenced in yard on a quiet street close to Haywood road. Front house is a 2/1 with two porches, basement. gas heat, hardwood floors, renovated kitchen and bathroom with lots of charm. The back house is a 1/1 that boasts welcoming finishings, vaulted ceilings, radiant heat floors on the first level and a large porch. Seller is a licensed NC Real Estate Broker.

Listed by Katie Ledford of Beverly-Hanks, South

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$
%
$/month over payments
Federal 30-year interest rate: 2.79% last updated on Jan 14, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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400 & 402 N Griffing Boulevard Asheville NC 28804

MLS Number CAR3682222

  • MultiFamily
  • MLS Status Active
  • Bedrooms 7
  • Square Feet 2799
  • Year Built 1942

Multi generational opportunity in Grove Park. Secluded, 3-home family compound on two acres with incredible views that include Grove Park Inn, downtown Asheville & western mountain ranges. At 2800 square feet, the main house offers main level living, four bedrooms, 2.5 baths with spectacular views from gourmet kitchen, adjacent dining room, living room & master bedroom. Two additional homes include a 1385 sq ft two bedroom, two bath home and a one bedroom, one bath 650 sq ft cottage. Endless possibilities for a caretaker cottage, in-law home or home office. Enjoy several outdoor seating areas including patios, decks & garden area, or just sit in hot tub & watch the sunset. All of this is less than 10 minutes to downtown Asheville in the heart of one of Asheville's most sought after neighborhoods.

Listed by Bill Byrne of Beverly-Hanks, Executive Park

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$
%
$/month over payments
Federal 30-year interest rate: 2.79% last updated on Jan 14, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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107 Mills Gap Road Asheville NC 28803

Asheville, NC107 Mills Gap Road

Price$324,900

Est. Mortgage: $/month

Pending

MLS Number CAR3682237

  • MultiFamily
  • MLS Status Pending
  • Bedrooms 4
  • Square Feet 2054
  • Year Built 2005

Investor Alert! Beautiful Duplex In A Highly Desirable Part Of South Asheville! Each 1 Level Unit Has 2 Bedrooms, 2 Baths, Living Room, Eat-In Kitchen, Washer & Dryer Hook-Up, Covered Front Porch, Back Deck, & Ample Parking. Each Unit Has Separate Meters & Tenants Are Responsible For All Utilities. Seller Currently Provides Lawn Maintenance & Trash Pick-Up. Property Is Close To Downtown Asheville, Biltmore Park, Shopping, Restaurants, & Entertainment. An Additional 1 Acre Lot, Located Behind Duplex Is Available For Purchase With Duplex - For An Additional $149,000

Listed by Toby Davis of RE/MAX RESULTS

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$
%
$/month over payments
Federal 30-year interest rate: 2.79% last updated on Jan 14, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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8 Elk Mountain Road Asheville NC 28804

Asheville, NC8 Elk Mountain Road

Price$899,000

Est. Mortgage: $/month

MLS Number CAR3680911

  • MultiFamily
  • MLS Status Active
  • Bedrooms 3
  • Square Feet 3766
  • Year Built 2003

So many options! Former office building that has been converted into a profitable VRBO, conveniently located just off I-26 in Woodfin. This can be one total unit (total of 12 bedrooms) or easily divided into 3 separate rental spaces. There are only 3 closets, which explains the lack of bedrooms in the MLS. This space can also be used commercially, work out of the downstairs and live upstairs. Perfect location for tri-plex! The parking lot is plentiful, so there's more than enough room to make it your own. Many options available with this property! Property is Zoned CS Community-Shopping which allows for it's present use as a profitable VRBO or as it was originally an office building.

Listed by Jere Gladden of Exit Realty Vistas

$
$
%
$/month over payments
Federal 30-year interest rate: 2.79% last updated on Jan 14, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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47 Hubbard Avenue Asheville NC 28806

Asheville, NC47 Hubbard Avenue

Price$450,000

Est. Mortgage: $/month

Active With Contract

MLS Number CAR3677186

  • MultiFamily
  • Bedrooms 3
  • Square Feet 1377
  • Year Built 1930
  • Acreage 0.14

Walkable to Heart of West Asheville, This duplex had extensive renovations completed in 2019. Beautiful lighting, solid floors, Custom built in Laundry, and a kitchen of any tenants dreams await you as you enter the upper 2 bed/1 bath unit, off the Rocking Chair style covered porch. In addition to the open floorplan interior living space, this top unit features a large private deck over looking the wooded sloped back yard. The Lower Unit has a private separate entrance, and has an open floorplan, 1 bed/1 bath, a private porch, complete modern kitchen, beautiful finishes similar to the upper unit, and laundry! The exterior of the property has an attached contemporary styled carport for a single car or use as a covered open air communal living space for safer entertaining.

Listed by Galen Walter and Tyler Coon of Fathom Realty

$
$
%
$/month over payments
Federal 30-year interest rate: 2.79% last updated on Jan 14, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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